Atlantic Sapphire ASA AS: Ex. right to participate in Rights Issue today

18 Sep 2024 07:00 CEST

Reference is made to the announcement by Atlantic Sapphire ASA (the "Company")
concerning, inter alia¸ the resolution by the general meeting to approve the
share capital increase pertaining to a partially underwritten rights issue to
raise gross proceeds of up to the NOK-equivalent of USD 64 million (the "Rights
Issue") and to earlier stock exchange notices regarding the Rights Issue. The
shares of the Company are trading exclusive of the right to participate in the
Rights Issue as of today.

The shareholders of the Company as of 17 September 2024 (as registered in the
VPS as of the end of 19 September 2024, the "Record Date") will be granted
subscription rights to participate in the Rights Issue.

Issuer: Atlantic Sapphire ASA
Ex. Date: 18 September 2024
Type of corporate event: Rights Issue

For further information, please contact:

Gunnar Aasbø-Skinderhaug, Atlantic Sapphire ASA, Deputy CEO/ CFO
Gunnar@atlanticsapphire.com

Investorrelations@atlanticsapphire.com

About Atlantic Sapphire ASA:

Atlantic Sapphire is pioneering Bluehouse® (land-raised) salmon farming,
locally, and transforming protein production, globally. Atlantic Sapphire
operated its innovation center in Denmark from 2011 until 2021 with a strong
focus on R&D and innovation to equip the Company with the technology and
procedures that enable the Company to commercially scale up production in end
markets close to the consumer. 

In the US, the Company holds the requisite permits and patents to construct its
Bluehouse® in an ideal location in Homestead, Florida, just south of Miami. The
Company's Phase 1 facility is in operation, which provides the capacity to
harvest up to approximately 9,500 tons (HOG) of salmon annually. The Company
completed its first commercial harvest in the US in September 2020. Atlantic
Sapphire is currently constructing its Phase 2 expansion, which will bring total
annual production capacity to 25,000 tons and has a long-term targeted harvest
volume of 220,000 tons.

This information is published in accordance with the requirements of the
Continuing Obligations.

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